Has anyone used the FCI Exchange site to buy performing or non-performing notes?

They want the problem fixed, the tenant to be happy and you to be happy / still paying them.Here is the CO of warrant of habitability -- https://www.colorado.gov/pacific/sites/default/fil...

Great that you joined the site!

This is an amazing site and it's fantastic for exchanging ideas.Andrea

If you never owned one, then your best bet is to find a deal and to bring it to someone experienced to partner up with  so that you can learn from them.

I'm working on becoming a realtor but I'm not licensed yet so that increases my cost quite a bit.I have done a flip before but that was a sure money maker where I think this one isn't such a sure bet.

The costs of concrete, site work, utilities, permits, licensed tradespeople, heating systems, button-up, garages/decks, etc will blow you away.

Your property could become a super-fund site right along with the gas station.To me, #1 is a minor factor, if a factor at all.

Also the pro-forma shows rents at $500/month, but Rentometer and other sites put the rent closer to $800/month.2 Questions I was hoping the BP community could help me with:1. 

stated income loan would be your best bet but you would Max out at  75% LTV and rates would be higher than a conventional loan